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Southfield Mezzanine Capital Announces Investment in Brite Media, LLC


GREENWICH, Conn., June 26, 2014 — We are pleased to announce that Southfield Mezzanine Capital has closed on a $3.3 million financing for Brite Media, LLC. Our investment, alongside Harvest Capital Credit Corporation as agent, supported the acquisition of the company sponsored by The Beekman Group. Brite Media, with offices in New York, San Francisco, Los Angeles, Dallas and Reno, is a leading out-of-home advertising company that provides advertising via coffee-sleeves and "cash jackets" through a network of retail partners with over 14,000 locations in North America. Southfield's investment was made out of its recently licensed SBIC, which manages approximately $100 million of capital.


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CONTACT

Steven A. Axel
saxel@southfieldmezz.com
T  203-813-4105

 

Eric J. Sloane
esloane@southfieldmezz.com
T  310-494-6400

 

Stephen J. Diverio
sdiverio@southfieldmezz.com
T  203-813-4110

 

Derrick H. Yu
dyu@southfieldmezz.com
T  203-813-4108